California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| 1 |
Netflix
NFLX
|
+$376M |
| 2 |
Charter Communications
CHTR
|
+$360M |
| 3 |
Costco
COST
|
+$202M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$185M |
| 5 |
Microsoft
MSFT
|
+$158M |
Top Sells
| 1 |
Coca-Cola
KO
|
+$211M |
| 2 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
+$174M |
| 3 |
Labcorp
LH
|
+$151M |
| 4 |
Stryker
SYK
|
+$128M |
| 5 |
Mid-America Apartment Communities
MAA
|
+$115M |
Sector Composition
| 1 | Technology | 23.75% |
| 2 | Healthcare | 14.44% |
| 3 | Financials | 12.48% |
| 4 | Consumer Discretionary | 10.45% |
| 5 | Communication Services | 10.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
AIRC
726
DELISTED
Apartment Income REIT Corp.
AIRC
| $17.1M | 0.01% |
351,071
+8,869
| +3% | +$433K |
|
727
US Foods
USFD
$17.5B
| $17.1M | 0.01% |
494,364
-2,033
| -0.4% | -$70.5K |
|
728
Kohl's
KSS
$1.8B
| $17.1M | 0.01% |
362,966
-9,973
| -3% | -$470K |
|
729
Autoliv
ALV
$9.63B
| $17M | 0.01% |
198,846
-1,361
| -0.7% | -$117K |
|
730
ITT
ITT
$13.6B
| $16.9M | 0.01% |
196,407
-800
| -0.4% | -$68.7K |
|
731
PVH
PVH
$3.93B
| $16.9M | 0.01% |
163,931
-3,075
| -2% | -$316K |
|
732
XPO
XPO
$15.3B
| $16.8M | 0.01% |
355,766
-250,027
| -41% | -$11.8M |
|
|
SMAR
733
DELISTED
Smartsheet Inc.
SMAR
| $16.8M | 0.01% |
244,035
+876
| +0.4% | +$60.3K |
|
734
Lincoln Electric
LECO
$13.4B
| $16.8M | 0.01% |
130,321
+169
| +0.1% | +$21.8K |
|
|
ZNGA
735
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $16.8M | 0.01% |
2,228,471
+202,283
| +10% | +$1.52M |
|
736
Vornado Realty Trust
VNO
$7.77B
| $16.8M | 0.01% |
399,288
+4,474
| +1% | +$188K |
|
737
Azenta
AZTA
$1.34B
| $16.8M | 0.01% |
163,718
+401
| +0.2% | +$41K |
|
738
Aramark
ARMK
$10B
| $16.8M | 0.01% |
706,023
-8,706
| -1% | -$207K |
|
739
BJs Wholesale Club
BJ
$12.8B
| $16.7M | 0.01% |
304,777
-1,937
| -0.6% | -$106K |
|
|
PBCT
740
DELISTED
People's United Financial Inc
PBCT
| $16.7M | 0.01% |
957,993
-54,744
| -5% | -$956K |
|
741
Concentrix
CNXC
$3.25B
| $16.7M | 0.01% |
94,347
+435
| +0.5% | +$77K |
|
742
Janus Henderson
JHG
$6.96B
| $16.7M | 0.01% |
403,398
-119
| -0% | -$4.92K |
|
743
Capri Holdings
CPRI
$2.54B
| $16.6M | 0.01% |
343,385
-10,810
| -3% | -$523K |
|
744
Macy's
M
$4.56B
| $16.6M | 0.01% |
734,922
-6,497
| -0.9% | -$147K |
|
745
Voya Financial
VOYA
$7.3B
| $16.6M | 0.01% |
270,554
-17,274
| -6% | -$1.06M |
|
746
Universal Display
OLED
$6.52B
| $16.6M | 0.01% |
97,101
+97
| +0.1% | +$16.6K |
|
747
Commerce Bancshares
CBSH
$8B
| $16.6M | 0.01% |
289,241
-2,158
| -0.7% | -$124K |
|
748
Stifel
SF
$11.6B
| $16.5M | 0.01% |
242,586
-14
| -0% | -$951 |
|
749
Yeti Holdings
YETI
$2.88B
| $16.5M | 0.01% |
192,305
+727
| +0.4% | +$62.3K |
|
|
IAA
750
DELISTED
IAA, Inc. Common Stock
IAA
| $16.5M | 0.01% |
301,604
-209
| -0.1% | -$11.4K |
|